Proxmire slams military procurement corruption probes
Sen. William Proxmire charged ongoing corruption and coverups in U.S. military procurement, citing C5A overruns and payoffs tied to Lockheed and others. He pressed for disclosure of evidence on a Saigon C5A crash and criticized Pentagon and industry practices while urging accountability.
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D-Wis
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Alexander Flax
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Institution For Defense Analysis
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Saigon
House OKs carryover of school grants
The House approved a bill to carry over about 135 million dollars in basic educational opportunity grants from the 1974 75 year into 1975 76, sending the measure to President Ford. Supporters say the move allows grants up to 1400 dollars for eligible students. About 600000 students received grants ranging from 50 to 1050 in 1974 75.
MENTIONED IN THIS ARTICLE
Washington
Ford
House
White House
Ford Administration
Treasury official cites 1975 foreign investments lagging
Assistant Secretary of the Treasury Gerald L. Parsky said on Monday that exports nations invested about 2 billion dollars in the United States in the first four months of 1975, well below the prior year. He noted sea nations invested about 11 billion last year and estimated a total near 9 billion for this year.
MENTIONED IN THIS ARTICLE
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United States
Asst
Secretary of the Treasury
Gerald L. Parsky
Parsky
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